The PetroVietnam Insurance Company (PVI) has said it plans to transform itself into a holding company called PVI Holdings by July 18. Company restructuring is aimed at shifting operations to subsidiaries set to conduct business on PVI’s behalf. “With the establishment of PVI Holdings, we aim to widen our business activities to include, amongst others, [...]
The PetroVietnam Insurance Joint Stock Corp (coded PVI) yesterday officially inked the re-insurance contract with Vietnam Helicopter Corp, with total contract value of $172.5 million. The re-insurance contract was expected to last from April 21, 2011 to April 20, 2012. PVI has officially provided aviation insurance services for VNH since 2009. After that, the insurance [...]
PetroVietnam Insurance Joint Stock Corp (PVI) has recently announced the business results in Q4 2010 with 622 billion dong of premium from original insurance contracts, up 4 percent against Q4 2009. Also, in Q4, 2010, the insurer’s net revenue from insurance sector reached 360.5 billion dong, increasing 19.3 billion dong or 6 percent year-on-year. PVI’s [...]
PetroVietnam Insurance Joint Stock Co will provide risk insurance for the entire construction and installation process of the Bien Dong 1-Con Son oil field project with a total value of nearly US$1.3 billion. To this effect, a five-year insurance contract was signed between the PVI and the Bien Dong Petroleum Operating Co under the Viet [...]
The northern bourse-listed PetroVietnam Insurance Joint Stock Corp (coded PVI) has lately revealed the resolution that was approved by the company’s management board about the 2011 business goals of 4.860 trillion dong in revenue and 420 billion dong in profit. The company’s management board also passed the plan of raising chartered capital from 1.597 trillion [...]
On August 17, 2010 at the London Stock Exchange, Mr Nguyen Anh Tuan – President of PetroVietnam Insurance Joint Stock Corporation (PVI) – honourably received the World Finance Insurance Company of the Year 2010 from the UK-based World Finance Magazine. To date, PVI is the only non-life insurer in Vietnam to be awarded this prize. [...]
Subscribe via Email 
Subscribe in a Reader 
Follow us on Twitter 
Connect on Facebook
China Business News